2013 Management Committee presentation to EEPTA...USA Argentina India Israel Albania Other...

EU Market Situation for

Eggs

Management Committee

17 October 2013

2013

EU market situation for Eggs Man Com 17 October 2013

85

105

125

145

165

185

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52

€uro

/ 100

kg

Evolution of the weekly EU average price for Eggs for Consumption

Moy.08-12 2010 2011 2012 2013


0,00

40,00

80,00

120,00

160,00

200,00

| 2011 | 2012 | 2013 |

€uro

/ 100

kg

Prices of Eggs for consumption and Eggs for breaking

2011 - 2013

Eggs for Consumption US breaking (high)

EU Barn cage free breaking (high) EU Enriched cage breaking (high)


0,0

20,0

40,0

60,0

80,0

100,0

120,0

1|

4 7 10 13 16 19 22 25 282012

31 34 37 40 43 46 49 52 3 6 9 12 15 18 21 24 272013

30 33 36 39 42 45 48 51

Maximum weekly prices for individual egg products

in the EU and the USA in €/10kg

whole plain EU whole plain US Yolk EU

Yolk US Albumen Spray EU Albumen Spray US


50

150

250

350

450

Jan April Juil Oct Jan April Juil Oct Jan Apr Jul Oct Jan

Euro

/ to

nne

Price of Basic Ingredients 2011 - 2013

Soft wheat (EU)

Barley (EU)

Maïs (EU)

Soja (CAF)

Hulls (EU)

Manioc (CAF)

C.G.F. (CAF)


160

180

200

220

240

260

| July | Aug | Sep | Oct | Nov | Dec |Jan 2013| Feb | Mrt | Apr | May | Jun | July | Aug | Sep | Oct | Nov | Dec |

€/T

on

n

Futures for Maize EU (Euronext) (Nearby = 2012 - 2013)

Nearby

2013 Nov

2014 Jan

2014 Mar

Delivery:


135

165

195

225

| July | Aug | Sep | Oct | Nov | Dec |Jan 2013| Feb | Mrch | Apr | May | June | July | Aug | Sep | Oct | Nov | Dec |

€uro

/ Ton

n

Futures for Feed wheat EU (Euronext) (Nearby = 2012 & 2013)

01 Nearby

2013 Nov

2014 Jan

2014 Mar

Delivery:


1.100

1.200

1.300

1.400

1.500

1.600

1.700

| July | Aug. | Sept. | Oct. | Nov. | Dec. |Jan 2013| Feb | Mch | Apr | May | Jun | July | Aug. | Sept. | Oct. | Nov. | Dec. |

Futures for Soybeans in US$ct/ Bushel (nearby = 2012 & 2013)

01 Nearby

2013 Nov

2014 Mar

2014 Jul

Delivery:


0

30

60

90

120

150

180

04 05 06 07 08 09 10 11 12 ja fe mr ap ma jn jl au se oc no de

Euro

/ 100

kg

Margin between Feed cost and Egg price in Egg production

marge

Marge 2007 - 2011

feed

egg


0

20

40

60

80

100

120

1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53

Rem

ain

der €uro

/ 100kg

100KG Egg minus feedcost for Laying Hensfeedconversionrate = 2.7

Marge Average08 - 12

Marge Egg 2011 Marge Egg 2012 Marge Egg 2013


0

7.500

15.000

22.500

30.000

37.500

| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |

Placings of Laying chicks (1 000 pieces)compared to the baseline trend

(baseline= monthly avg 2006 - 2009)

Jan. Feb. March April May June July Aug. 2012 27 236 27 439 31 358 30 153 30 780 29 566 28 935 24 6902013 28 470 25 623 30 183 30 214 28 561 29 534 28 959


0

40

80

120

160

4.000

5.500

7.000

8.500

| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |

Price €uro/100kg

Production forecast of

eggs in shell (Mio p).compared to the price development

Jan. Feb. March April May June July Aug. Sep. Oct. Nov. Dec.2012 7 793 7 752 7 743 7 696 7 666 7 687 7 730 7 849 7 939 7 991 8 032 8 0462013 8 070 8 071 8 061 8 072 8 020 8 073 8 090 8 070 8 104 8 102 8 082 8 011


0

200

400

600

800

1 000

BE BG CZ DK DE EE EL ES FR IE IT CY LV LT HU MT NL AT PL PT RO SI SK FI SE UK

Qty

in

100

0 to

nn

es

Experts EU production forecast of Eggs for consumption2013: 6.424 MioT (+2.6%) & 2014: 6.390 MioT (-0.5%)

2011 2012 2013 2014

ES : -7.3%

DE : -0.3%

NL : 0.9%UK : 0.1%

RO : 2.9%BE : 0.0%

DK : 0.0%

HU : -2.1%

FI : 2.0%

PT : 1.0%

CZ : 1.6%

BG : 2.4%


0

200

400

600

800

1 000

BE BG CZ DK DE EE EL ES FR IE IT CY LV LT HU MT NL AT PL PT RO SI SK FI SE UK

Qty

in

10

00

to

nn

es

Experts EU production forecast of Total Eggs(Eggs in shell + Hatching Eggs)

2013: 7.234 MioT (-0.5%) & 2014: 7.251 MioT (+0.2%)

2011 2012 2013 2014

BE : 0.0%

DE : 0.0%

DK : 0.0%

ES : 0.0%

HU : -1.9%

NL : 0.8%

RO : 1.4%

FI : 1.5%

UK : 0.1%

PT : 0.0%

CZ : 3.4%

BG : 2.3%


Compared

tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Aug 12

Argentina 7.899 26,0% 7.889 24,0% 8.088 40,0% 9.963 28,1% 4.453 33,4% - 47%

USA 11.165 36,7% 14.009 42,6% 5.956 29,5% 14.246 40,2% 4.135 31,0% - 65%

India 5.776 19,0% 3.211 9,8% 1.554 7,7% 3.657 10,3% 2.218 16,6% + 38%

Albania 1.659 5,5% 3.208 9,7% 1.303 6,4% 2.118 6,0% 294 2,2% - 79%

Israel 711 2,3% 941 2,9% 547 2,7% 1.393 3,9% 224 1,7% - 79%

Mexico 1.893 6,2% 1.263 3,8% 556 2,7% 1.018 2,9% 1 0,0% - 100%

Canada 33 0,1% 2 0,0% 0 0,0% 67 0,2% 0 0,0% - 100%

Brazil 67 0,2% 0 0,0% 0 0,0% 0 0,0% 0 0,0%

EXTRA EU 25/27 30.409 32.909 20.219 35.395 13.329

% change + 8% - 39% + 75% - 52,6%

2009 2010 2011 Jan-Aug 132012

EU Imports of Eggs:

Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs


EU Egg Imports

4.345

11.710

4.135

4.503

8.410

4.453

2.160

3.946

2.005

12.904

28.131

13.329

0

5.000

10.000

15.000

20.000

25.000

30.000

Jan-Aug 11 Jan-Aug 12 Jan-Aug 13

Total EU Import of Eggs - not incl. Hatching eggs

(Tonnes eggs equiv)

USA Argentina India Israel Albania Other destinations

8.556

18.352

9.706

3.426

6.847

4.720

2.195

2.07215.727

32.874

19.534

0

5.000

10.000

15.000

20.000

25.000

30.000

35.000


Total EU Import of Eggs - not incl. Hatching eggs

(1000 EUR)

USA Argentina India Israel Albania Other destinations


Compared

tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Aug 12

Japan 47.238 31% 52.923 29% 66.357 31% 66.424 36% 39.663 30% - 12%

Sw itzerland 43.499 29% 45.072 25% 42.168 19% 41.881 23% 27.636 21% - 0%

Angola 4.019 3% 10.414 6% 17.524 8% 17.176 9% 9.765 7% - 16%

Russia 4.360 3% 5.293 3% 4.947 2% 5.982 3% 7.111 5% + 86%

Thailand 4.068 3% 6.180 3% 7.254 3% 6.409 3% 4.147 3% + 5%

Ukraine 4.304 3% 5.621 3% 4.422 2% 4.298 2% 2.217 2% - 15%

South Korea 1.948 1% 2.495 1% 4.379 2% 3.386 2% 2.397 2% + 13%

U.A.Emirates 2.664 2% 5.888 3% 8.262 4% 1.674 1% 5.626 4% + 378%

Taiw an 2.868 2% 7.145 4% 7.941 4% 4.626 2% 2.628 2% - 28%

Israel 3.398 2% 1.308 1% 2.654 1% 1.060 1% 440 0% - 49%

Norw ay 963 1% 570 0% 1.300 1% 923 0% 346 0% - 56%

Libya 40 0% 201 0% 226 0% 363 0% 344 0% + 48%

EXTRA EU 25/27 150.173 181.933 217.397 185.050 134.411

% change + 21% + 19% - 15% + 7,8%

2009 2010 2011 Jan-Aug 132012

EU Exports of Eggs:

Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs


45.421 44.846 39.663

28.033 27.69127.636

50.184

32.769 46.090

143.599

124.729134.411

0

20.000

40.000

60.000

80.000

100.000

120.000

140.000

160.000


Total EU Export of Eggs not incl. hatching eggs (T. eggs equiv.)

Japan Switzerland Russia Angola Thailand Other origins

30.378 37.549 40.972

37.64941.060

46.404

7.555

49.235

41.958

56.492135.499

143.263

166.919

0

20.000

40.000

60.000

80.000

100.000

120.000

140.000

160.000

180.000


Total EU Export of Eggs not incl. hatching eggs (1000 EUR)

Japan Switzerland Russia Angola Thailand Other origins

EU Egg Exports


1018

2318 17

27

16

30

69

2530

3945

2330 33

20

35

13

144

164

186

209

231

201 205

191

142

198 198202

167

187

150

182

217

185

134

0

25

50

75

100

125

150

175

200

225

250

275

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Jan-Aug13

in 1000 TonnesIMPORTS EXPORTS

EU Egg Trade Balance (not including Hatching eggs)


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09 | 10 | 11 | 12 | 13 |

Egg prices of EU, USA and Brazilin €uro/ 100kg

EU egg US egg €uro BR Egg €uro (Ave World)

2013 Management Committee presentation to EEPTA...USA Argentina India Israel Albania Other...

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